Individual Tax Breaks for 2014
On December 16, 2014, the Senate passed the Tax Increase Prevention Act of 2014 (TIPA), which the House had passed on December 3. The act extends through December 31, 2014, certain tax relief provisions that expired at the end of 2013. Several of these provisions can...
Holiday Gifts From Nanny to Parents
Every year during the holiday season, we provide a list of gift ideas for families that wish to recognize their nanny or other employee in a special way. But we have also heard from household employees who are looking for ideas for holiday gifts from nanny to parents....
New Standard Mileage Rate for 2015
The IRS has issued the new standard mileage rate for 2015. This rate is used to calculate the deductible costs of driving a vehicle for business. This applies to household employers who choose to let their nanny or other household employee use their car for performing...
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